Two big things to keep in mind:
- None of these are likely to happen to you. (The odds of winning the lottery alone are 175 million to 1! Being killed by a shark: 3.7 million to 1. Getting struck by lightning: 960,000 to 1.)
- Occasionally playing in the rain, swimming in the ocean, or buying a lotto ticket won’t affect your life insurance rate.
Bungee jumping and kayaking and skydiving – Oh my! These 3 are a different story when it comes to determining your life insurance rate!
What are insurance companies looking for? Ideally, someone who is young, healthy, and will not likely need their policy payout soon. These are the individuals who typically enjoy the lowest insurance rates. However, it’s important to note that no matter your age or how healthy you are, if you engage in some risky hobbies, they have the potential to bungee you right out of the easy-to-insure category
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Let’s take a look at skydiving, for instance.
When you raise your odds of being in harm’s way, you raise your life insurance rate – and sometimes your inability to be approved for a policy at all. And willingly leaping out of a plane is going to raise a red flag for any insurer.
Some other risky hobbies that may have an impact on your life insurance rate or policy approval:
- Hot air ballooning
- Scuba diving
- Car racing, boat racing, bike racing
- Skiing and snowboarding
- Hang gliding
If you enjoy living a bit more adventurously than most, it doesn’t mean that you can’t get life insurance to protect your future and your loved ones. Working with me gives you an advantage: you’ll have multiple products and insurers to work with. This isn’t a guarantee for success, but we can embark on this journey together and explore your options. Finding a life insurance policy that suits your lifestyle isn’t an impossible task, but you should take that leap sometime soon. Why not start today? (Parachute optional!)
At WFGInsuranceQuotes.com we help protect businesses and families all over the country. Let us help you. Financial services - Business Loans, Life Insurance, Estate Planning, Incorporation, College Scholarships. Contact Us Today. #business #loans #lifeinsurance
The Balance: "What Are the Odds of Winning the Lottery?" 11.7.2017
NBC News: "Great White Hype – What Are the Odds of Being Killed by a Shark?" 6.25.2017
CBS: "Odds of winning Powerball jackpot less than being hit by lightning — twice." 1.12.2016
HowStuffWorks: "How Skydiving Works." 2017